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web3 with a16z crypto

AI Bots & Memecoins

web3 with a16z crypto

Andreessen Horowitz

Gaming, Blockchain, Web 3, Blockchains, Open Source, Business, Decentralization, Visual Arts, Computer Science, Ownership, Art, Entrepreneurship, Entertainment, Cypherpunk, Web 3.0, Music, Internet, Cryptography, Crypto, Computing, Web3, Innovation, Distributed Computing, Culture, Public Goods, Creator Economy, Arts, Technology

4.466 Ratings

🗓️ 26 October 2024

⏱️ 38 minutes

🧾️ Download transcript

Summary

a16z cofounders Marc Andreessen and Ben Horowitz explore an unusual intersection of AI and crypto: the sudden rise of a strange memecoin bolstered by a meme-loving, bitcoin-wielding LLM.

Transcript

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0:00.0

Welcome to Web 3 with A16Z. Today we're running a special episode featuring A16Z co-founder

0:10.2

Mark Andresen and Ben Horowitz talking about AI bots and crypto.

0:15.0

They discuss what happens when you mix postmodern theories and internet memes in an

0:20.4

LLC. They also get into the sudden rise of a strange meme coin, the state of

0:26.2

crypto regulations in the US, and more. This episode is a crossover from the Ben and Mark

0:32.4

show.

0:33.0

Check out the show notes to get this episode and others on YouTube as well.

0:38.0

Here's Mark to take it away.

0:40.0

By the way, I'm talking about all this very seriously.

0:43.3

I am constantly on the verge of breaking out laughing,

0:45.1

but I'm trying to keep my serious face on.

0:46.7

There's a meme coin with no underlying value

0:48.4

that four days ago was worth nothing

0:49.6

and is now worth $300 million, right?

0:51.2

Just like, poof.

0:52.3

All generated by the marketing of an AI

0:54.4

bot. Correct, yes. Trained on memes. The content here is for

1:00.1

informational purposes only should not be taken as legal, business, tax, or investment advice

1:04.9

or be used to evaluate any investment or security and is not directed at any investor or

1:10.5

potential investors in any A16Z fund.

1:13.4

Please note that A16Z and its affiliates may maintain investments in the companies

1:18.0

discussed in this podcast.

...

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